Q2 2015 OTC Graduates
Highlighted below are companies that uplisted, from the OTC Markets to the NASDAQ or NYSE Mkt, in the second quarter of 2015. Please note the key role acquisitions played in the uplisting of some of these companies. Congratulations to all of the Q2 OTC graduates from the entire Acquis Team! 2nd Quarter 2015 OTC Markets Graduate Report: Eco-Stim Energy Solutions, Inc. (NASDAQ: ESES) April 10, 2015 -- OTCQB to NASDAQ Capital Market Corbus Pharmaceuticals Holdings, Inc. (NASDAQ:
OTC Acquirers - May 2015
Highlighted below are some of the acquisitions OTC companies were working on in May. May 2015 OTC Market Acquirers Bayport International Holdings, Inc. (OTCPINK: BAYP) May 1, 2015 -- "Bayport International Holdings, Inc. (BAYP) Announces the Acquisition of the Two Well Cook Lease in Okfuskee County, Oklahoma" The Movie Studio, Inc. (OTCPINK: MVES) May 6, 2015 -- "The Movie Studio, Inc. Acquires Intellectual Property and Motion Picture rights to “MAFIA WIFE”" Repsol S.A.
Goldman Sachs: "What managements should do with their cash (M&A) and what they will do (buy
U.S. equities have been surging and many large cap issuers have been rushing to buyback stock, at already high valuations. While buybacks (often encouraged by shareholders looking for big market gains) have been the focus of many management teams, today Bloomberg discussed how "Goldman has published a note recommending companies stop spending their cash on buying back their overpriced shares and instead use those overpriced shares to buy other companies' equity." While most m
Russell Index Reconstitution is Approaching
At the end of this month Russell Indexes will complete the annual rebalncing of its Micro Cap Index. Russell rebalances all of it indexes annually to ensure "accurate representation of the ever-changing market". While OTC issuers are not included in the Index, often newly up-listed NASDAQ and NYSE Mkt companies are added to the Russell Microcap® Index. IPOs are added to the Index quarterly so the majority of additions to the Index during reconstitution are recent up-lists or